Access Bank to List Additional 6.6bn Units of Shares

  • Access Bank to List Additional 6.6bn Units of Shares

Following the suspension of trading in the shares of Diamond Bank Plc, the Nigerian Stock Exchange (NSE) has approved Access Bank’s request to list additional 6.6 billion units of ordinary shares of 50 kobo each.

This was as a result of the merger between Access Bank Plc and Diamond Bank Plc., a partnership that created Africa’s largest retail bank by customer base.

The NSE has finally delisted the 23.1 billion ordinary shares of Diamond Bank Plc from the Daily Official List of the exchange.

Paving way for Access Bank to list an additional 6.6 billion ordinary shares of 50 kobo each on April 1st, the same day the lender unveiled its new logo.

About the Author

Samed Olukoya
CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York based Talk Markets and Investing.com, with over a decade long experience in the global financial market. Contact Samed on Twitter: @sameolukoya; Email: [email protected]; Tel: +2347065163489.

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